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This isn't a "subscription service". This is a home. It's a significant portion of most people's net worth.

Most HOAs exist to do common area maintenance and make sure neighbors don't paint their house purple, install neon exterior lights, and chase away buyers.

This is something else entirely. It's malicious theft.

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These buyers agreed to move into a house for which there is both a one-time-fee equal to, let's say, $300k, and a monthly rent. They may (or may not) be refunded a large portion of their move-in fee when they move out but the monthly rent amount is controlled by a landlord. This is the agreement they apparently signed up for.

It's a home, yes.

It's a significant portion of most people's net worth, yes.

But it's also a subscription service.

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